In light of the recent attacks on tankers in Fujairah and the Gulf of Oman, and rising tensions in the area generally, the club has issued the following guidance which discusses club cover, risk mitigation and legal implications on contractual issues t…
Tanker attacks in Fujairah and Gulf of Oman Read More »
Digitalization in shipping isn’t just a gimmick. It’s real, it’s here and is constantly evolving, helping ship owners cut costs, or improve efficiency among others. In an exclusive interview with Hellenic Shipping News (www.hellenicshippingnews.com), M…
Digitalization is Fast Approaching: Here is Why You Should Pay Attention Read More »
LNG is enjoying something of a heyday right now in the lead up to the adoption of the IMO 2020 sulphur limit on January 1st. More than 40 orders have been placed for LNG-powered vessels as of May 2019 and this trend is expected to continue; a recent st…
Capesize Another week of gains as the Atlantic basin continues to be pressurised on tonnage and Brazilian cargoes keep up a steady flow. The Capesize 5TC opened the week at $26,705 to close Friday at $32,765, an increase of more than 22%. The Brazilian…
Dry Bulk Market: Capesize Market Sizzling Hot Read More »
The product tanker market’s fundamentals, both demand and tonnage supply, have been showing signs of steady improvement of late. In its latest weekly report, shipbroker Allied Shipbroking said that “having entered into the second half of the year…
Product Tanker Market Heading for a Solid Recovery Read More »